How to Build Wealth While Paying Off Debt with Lawrence Delva-Gonzalez
Episode description
The Dreamer joining us on the podcast this week is Lawrence Delva-Gonzalez.
Lawrence Delva-Gonzales is a Government auditor and financial literacy educator and founder of “The Neighborhood Finance Guy.”
In 2012, Lawrence was $125,000 in debt. At the time, he was living with three roommates and realized they were spending $2,400 on food every month. That's when Lawrence decided to learn as much as he could about personal finance. Eight years later, Lawrence and his wife have a combined net worth of close to $500,000.
As "The Neighborhood Finance Guy," Lawrence focuses on providing solutions to socio-economic disparities affecting Black and Brown communities by sharing wealth building tools and education.
In this episode, you will learn:
- The investment strategy that allowed him to increase his net worth by over $500K in 8 years without a college degree
- How Lawrence is building wealth while paying off debt
- Lawrence's Net/Max financial free plan to help create more everyday millionaires
- How to use tax-advantaged accounts including Health Savings Accounts to build wealth
- How Lawrence uses real estate to plan for his mother's retirement
- How moving to the US from Haiti at nine years old impacted Lawrence’s financial journey
- How early childhood experiences helped shaped his views on money
If you enjoyed today's episode, here's what you can do to support me and help more Dreamers discover the podcast:
- Leave a review on Apple Podcasts or wherever you listen to podcasts. I read every single review. I will select one review to read on the podcast every month.
- Subscribe to the podcast, so you never miss an episode: Apple Podcasts | Google Podcasts | Spotify | iHeart Radio | Amazon Music | Listen Notes |
- Share the podcast with your family, friends, and co-workers.
Find the episode show notes and all the links mentioned on the podcast here.
Connect with Lawrence Delva-Gonzalez
Website: theneighborhoodfinanceguy.com
Instagram: theneighborhoodfinanceguy
Connect with me
Instagram: thedreamers.podcast
Instagram: annelysewealth
Twitter: annelysewealth
Links Mentioned in this Episode:
Dream of Legacy Book by Anne-Lyse Wealth
Jumiino Natural Skincare
If you like the content and would like to support the podcast, you can buy me a coffee